https://www.taxtmi.com/caselaws?id=419400 The court upheld the Tribunal's decision, ruling in favor of the assessee regarding the computation of deduction under section 10A of the Income-tax Act. The court clarified that the deduction should be calculated while computing the gross total income of the eligible undertaking under Chapter IV of the Act, not during the total income computation under Chapter VI. The issue of the Commissioner of Income Tax's jurisdiction to revise the assessment order under Section 263 was left unresolved in this judgment. en-us Mon, 21 Feb 2022 00:00:00 +0530 Wed, 09 Mar 2022 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419400 The court upheld the Tribunal's decision, ruling in favor of the assessee regarding the computation of deduction under section 10A of the Income-tax Act. The court clarified that the deduction should be calculated while computing the gross total income of the eligible undertaking under Chapter IV of the Act, not during the total income computation under Chapter VI. The issue of the Commissioner of Income Tax's jurisdiction to revise the assessment order under Section 263 was left unresolved in this judgment. Case-Laws Income Tax Mon, 21 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419400